Blog posts by - Nigel Musgrove

Excessive written demands under a personal guarantee
Wednesday, 9 January 2019
A recent case has highlighted the position of formal demands under personal guarantees. In October 2018 the High Court decided that Barclays Bank could rely on a formal written demand even where the amount specified was incorrect as it exceeded the liability cap in the guarantee.A simple guarantee does not become an enforceable debt until a demand has been made by the creditor on the guarantor. Us...
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